Canadian business owners care about their employees’ physical health, and employee financial health should also be a top priority, according to the 2015 survey conducted by Environics Research Group.
45% of survey respondents indicated that they have a “low level of financial wellness.” And 45% felt distracted at work because of financial worries (such as a lack of retirement readiness and mounting distractions due to being in debt), which diminishes their performance at work.
It makes sense that Canadian employers who seek to provide services and support for their employees’ financial wellness can potentially influence their companies’ bottom lines by having more engaged employees.
Read more on this topic:
Manulife whitepaper: “Employee financial wellness and its impact on Canadian Business” (March 2016). (16 page PDF)